Electric Cooktop Market Outlook, 2019-2027 | LG Electronics, Inc., Whirlpool Corporation, Panasonic Corporation, Koninklijke Philips N.V., TTK Prestige Ltd, Sub-Zero Group,

The report for the Electric Cooktop Market provides a detailed analysis of the market for the forecast period 2019-2027. The report discusses everything a marketer would require before making an investment in the Electric Cooktop market including market trends, growth rate, market size, drivers, restraints, and growth opportunities.

Electric cooktop is a flat piece of equipment used for cooking that is built into a kitchen countertop. The cooktop usually comprises four devices that are called burners, similar to any conventional stoves.

An electric cooktop, also known as an electric stove or electric range, is a stove with an integrated electrical heating device to cook and bake. Electric stoves are gaining popularity, as a replacement for solid-fuel (wood or coal) stoves which required more labor to operate and maintain.

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Increasing demand for portable cooking ranges and increasing number of rural areas being provided with healthy supply of electricity are major factors driving growth of the electric cooktop market.

The surface of these cooktops are much flatter than conventional stoves, thus eliminating possibilities of food spoiling over the cooktop. Furthermore, these cooktops are easier to maintain than conventional ones, cause fewer fire hazards and no chances of gas leak. These cooktops are thus gaining traction among customers around the globe, in turn, fueling growth of the electric cooktop market.

The first electro-heater surface heated by a platinum-wire coil powered by batteries, was developed in 1859.

Fisher & Paykel—major appliance manufacturing company based in New Zealand— provides a full range of cooking solutions. Each product of its cooktops, whether gas, induction or electric, is designed in a way to deliver great performance, from searing heat to a gentle simmer, allowing for easy cleaning with safety in mind. Its 90 cm Front Control cooktop is a ceramic cooktop, which provides a completely flat profile. It provides extra storage space when not in use, while when in use, heats quickly due to high speed ribbon elements.

In 2016, General Electric Co. (GE)—a major electric company—announced the opening of a microfactory in Chicago to create and build innovative industrial products and prototypes.

In 2016, General Electric Co. proposal of a US$ 5.4 billion sale of its appliance business to China’s Haier Group received a green light from the U.S. antitrust authorities.

The key players profiled in the global household induction cooktops market report include LG Electronics, Inc., Whirlpool Corporation, Panasonic Corporation, Koninklijke Philips N.V., TTK Prestige Ltd, Sub-Zero Group, Inc., Electrolux Group, Robert Bosch GmbH, Miele Group, and SMEG S.p.A. Panasonic Corporation.

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The Electric Cooktop Market Report offers a detailed assessment of market segmentation on regional as well as country levels.

It profiles Key Market Players and provides detailed insight into their product portfolio, revenue generation, manufacturing plants, geographical presence, business segmentation, key developments, and business strategies.
It also offers detailed insight into new innovative technologies and products launched in the industry.
It also offers complete information regarding new product approvals regulatory authorities, products in the pipeline and in test phases, and insights into product recall.
It offers rigorous market stats obtained from reliable sources.
It offers a thorough statistical analysis of the Electric Cooktop Market, which includes market size, computation of CAGR for the forecast period 2019-2027, and market distribution. It also offers qualitative and quantitative analysis using PEST analysis, SWOT analysis, and Porter’s five force analysis.
Emerging regional as well as global opportunities for the Electric Cooktop market.
Revenue growth at global, regional, and country-level of the Electric Cooktop market.
Market Estimation: The obtained in secondary and primary research is analyzed to compute market estimation statistics. It includes market breakdown, bottom-up, and top-down research. Different macroeconomic factors are taken into account to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive final Electric Cooktop market estimation.

Final Presentation: A comprehensive representation of the final Electric Cooktop market report is made with geographical distributions. This report equips allow key market players to make strategically astute decisions.

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Mr. Shah
Worldwide Market Reports
Seattle, WA 98154,
US

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